UniCredit

International banking group

Follow UniCredit on Notably News to receive short updates to your email — rarely!

2025 UniCredit entered into a new sponsorship deal with Scuderia Ferrari, marking its entry into Formula 1 motorsport sponsorship.
February 2025 Delfin initiated discussions about selling its 2.7% stake in UniCredit through an accelerated book building process, potentially worth nearly 2 billion Euros. CEO Andrea Orcel publicly challenged the potential sale.
February 2 2025 UniCredit announced holding a 4.1% stake in Generali's shares.
December 18 2024 UniCredit increased its stake in Commerzbank to 28%, which the German government criticized as uncoordinated and hostile.
November 25 2024 UniCredit launched a €10.1bn takeover bid for Banco BPM.
September 23 2024 UniCredit increased its stake in Commerzbank to 21% and submitted a request to the ECB to increase its stake to 12.9%.
September 11 2024 UniCredit purchased a 9% stake in Commerzbank, with half bought on the open market and half from the German government, and requested ECB approval to potentially increase its stake.
May 2024 A Russian court authorized the seizure of €462.7 million of UniCredit's assets.
October 2023 UniCredit announced becoming the largest investor in Alpha Bank, purchasing a 9% stake and taking over its Romanian subsidiary.
2022 UniCredit is recognized as a systemically important bank by the Financial Stability Board.
June 29 2022 UniCredit filed a lawsuit with the European Court of Justice challenging the ECB's demands to reduce Russian operations as illegal.
May 2022 UniCredit and Citigroup explored potential asset exchanges in Russia.
April 2022 The European Central Bank ordered UniCredit to reduce its operations in Russia.
March 2022 UniCredit estimated potential losses from leaving the Russian market at €7.4 billion and reserved more than €1 billion for possible losses.
February 24 2022 Following Russia's invasion of Ukraine, UniCredit began considering exiting the Russian market, which previously included potential plans to buy the Russian bank Otkrytie.
March 3 2021 Major shareholders were documented, with BlackRock Group holding 5.075% and Capital Research and Management Company holding 5.022% of UniCredit's share capital.
2020 UniCredit ends its ownership of YapıKredi in Turkey and Azerbaijan.
2018 UniCredit concluded its nine-year sponsorship of the UEFA Champions League.
January 29 2018 UniCredit launched buddybank, the first mobile-only bank designed for iOS devices, which also supports Android platforms. The bank operates on a conversational model with 24/7 chat-based customer assistance.
2017 Relocated its registered office back to Milan, returning to its original headquarters city.
December 2017 UniCredit converted its savings shares to ordinary shares and removed the 5% cap on voting rights for each entity.
April 6 2017 UniCredit issued its first bond in the United States in a decade.
January 2017 UniCredit consolidated 10 old ordinary shares into 1 new ordinary share, and combined bearer and registered savings shares.
2016 UniCredit sells its stakes in Bank Pekao in Poland and UniCredit Bank in Ukraine.
December 2016 UniCredit sold Polish bank Bank Pekao and its card business in Italy, Germany, and Austria to SIA for €500 million. The bank also sold Pioneer to Amundi for €3.545 billion.
December 13 2016 UniCredit announced a massive €13 billion recapitalization, €8.1 billion loan loss provisions, and €1.7 billion net restructuring charges.
January 2016 UniCredit sold Ukrainian bank Ukrsotsbank to Alfa Group.
April 2015 UniCredit and Banco Santander reached a preliminary agreement to merge their asset-management businesses, though the deal was later terminated on 27 July 2016.
November 2014 UniCredit is designated as a Significant Institution under European Banking Supervision, becoming directly supervised by the European Central Bank.
March 14 2014 UniCredit announced plans to cut around 8,500 jobs and reported a $15 billion loss in the 4th quarter of 2013 due to extensive cash-reserving for bad loans and writing down goodwill from acquisitions.
2013 UniCredit divests its subsidiaries in the Baltics and in Kazakhstan and Kyrgyzstan (ATF Bank).
2013 UniCredit Finance ceased providing banking services in Latvia.
March 11 2011 UniCredit froze the voting rights of Libyan shareholders (Central Bank of Libya and Libyan Investment Authority) following international developments.
2010 UniCredit S.p.A. absorbed its Italian banking subsidiaries: UniCredit Banca, Banca di Roma, and Banco di Sicilia.

This contents of the box above is based on material from the Wikipedia article UniCredit, which is released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also